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Biden admin cracks down on Shein and Temu
The Biden administration is intensifying efforts to curb cheap imports from China, targeting e-commerce platforms like Shein and Temu that have taken advantage of the “de minimis” rule to bypass tariffs on low-value shipments.
Biden targets Shein, Temu with import rule
President Biden imposes new import regulations aimed at fast-fashion giants Shein and Temu to safeguard U.S. manufacturers.
Biden moves to crack down on Shein and Temu, slow shipments into US
In his announcement proposing to crack down on "unsafe, unfairly traded products," President Joe Biden accused China-founded e-commerce platforms selling cheap goods of abusing the "de minimis exemption" that makes shipments valued under $800 duty-free.
US takes aim at Shein and Temu with new import rule proposal
With the rise of Chinese e-commerce sites like Shein and Temu, the US has seen a surge in shipments claiming the duty-free exemption. These shipments have increased from 140 milli
Biden’s New Tariffs on Imports From China Aim to Make Shein, Temu Orders Costlier
Measures tightening customs waivers on low-value shipments of foreign goods going directly to U.S. consumers may undercut allegedly unfair cheaper pricing by Chinese e-commerce companies Shein and Temu.
Biden Administration Targets Trade Loophole Used By Shein and Temu to Keep Prices Low. What This Means for Consumers
The Biden administration's plans to restrict the de minimis trade law loophole could impact the prices of Shein and Temu products. This loophole allows items under $800 to bypass tariffs. Retail experts estimate that prices could rise by at least 20%,
Investing
3h
'Temu Threat Abating in 2Q24' - Barclays
Temu Threat Abating in 2Q24' - Barclays ...
18h
on MSN
Temu threatened by hacker claiming data breach that company denies
Related: New Biden proposal targets Shein and Temu for 'abuse' Data breach costs are at their highest ever, with a global ...
1d
on MSN
Temu Sales of Cheap Knockoffs Are Soaring. The Threat to Brands Like Gucci and Hermès.
Online Chinese discounters like Temu now offer ultracheap items—“dupes”— that look remarkably similar to fancier goods, even ...
6d
on MSN
US Takes Action Against Temu, Shein and Other Chinese Companies
The Biden administration has cracked down on Chinese e-commerce platforms by trying to close a trade loophole.
3d
US can’t ban TikTok for security reasons while ignoring Temu, other apps, TikTok argues
Pincus argued that the US government was "for the first time in history" attempting to ban speech by a specific US ...
2d
Temu denies breach after hacker claims theft of 87 million data records
Temu denies it was hacked or suffered a data breach after a threat actor claimed to be selling a stolen database containing ...
SC Media
2d
Temu refutes claim of extensive data compromise
While information in the stolen database, which has been peddled on BreachForums, was purported to include customers' full ...
2d
‘Your Etsy finds are from Temu’: Woman says you could be getting ‘tricked’ if you shop on Etsy
The Daily Dot has previously reported on an Etsy shopper who bought a shirt off the platform. He found a SHEIN label in the ...
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